Caterpillar reviews

Company culture under new CEO is deteriorating. This is sad because culture was the most significant positive thing I noticed when I started with the company years ago. They have a great severance package. However, they don't follow their own processes with regard to their TTP (job loss) program. The employee in the job pool is supposed to get priority in the list of candidates who applied a given position. They choose to ignore their defined process and bypass the priority rules. This is sad when they claim to be focused on process discipline and structured processes. They are adapting the 'GE model' with STIP bonuses which turns out is not the best model to follow (reference GE position today). There is a pool of money to divide amongst employees. To give an employee additional money you have to take money away from another employee. So, the stated % of bonus in your compensation package might not be accurate.

Sometimes 99 to 1 ends up as a tie, hard to work around those that "don't get it," Veto power is too prevalent. Difficult on boarding process for mid-career hires.